Edition:
United States

Viacom Inc (VIAB.OQ)

VIAB.OQ on NASDAQ Stock Exchange Global Select Market

45.30USD
29 Mar 2017
Change (% chg)

$0.39 (+0.87%)
Prev Close
$44.91
Open
$44.89
Day's High
$45.36
Day's Low
$44.80
Volume
1,150,730
Avg. Vol
1,265,244
52-wk High
$46.69
52-wk Low
$33.94

Latest Key Developments (Source: Significant Developments)

Viacom appoints Jim Gianopulos as Chairman and CEO of Paramount Pictures
Monday, 27 Mar 2017 02:00pm EDT 

Viacom Inc : Press release - viacom names jim gianopulos chairman and chief executive officer of paramount pictures . Gianopulos will report directly to bob bakish, president and chief executive officer of viacom . In his role as Chairman and CEO of Paramount, Gianopulos will oversee studio's film and television operations worldwide . Says previously, Gianopulos served as president of 20th Century Fox International .Gianopulos also will be charged with setting a new strategy for Paramount.  Full Article

Viacom promotes Christa D'Alimonte to executive vice president, general counsel and secretary
Friday, 10 Mar 2017 09:30am EST 

Viacom Inc : Viacom promotes Christa D'Alimonte to executive vice president, general counsel and secretary . Viacom Inc - Promotes Keyes Hill-Edgar to executive vice president, global business affairs and general counsel of Viacom Media Networks .Viacom Inc- D'Alimonte will succeed Michael Fricklas, who, as previously announced, will be leaving company.  Full Article

Viacom announces $1.3 billion subordinated debt offering
Thursday, 23 Feb 2017 06:45pm EST 

Viacom Inc : Viacom announces $1.3 billion subordinated debt offering . Says intends to use net proceeds from offering primarily for repayment of outstanding indebtedness .Agreed to sell $650 million in aggregate principal amount of 5.875 pct fixed-to-floating rate junior subordinated debentures due 2057.  Full Article

Brad Grey to step down as Chairman, CEO of Paramount Pictures
Wednesday, 22 Feb 2017 03:38pm EST 

Viacom Inc : Viacom announces leadership transition at Paramount Pictures . Brad Grey to step down as Chairman and CEO of Paramount Pictures . Says Grey will remain at Paramount for a period to support transition .Says company is commencing a comprehensive search to identify a successor for Brad Grey.  Full Article

Viacom Inc posts Q1 adjusted earnings $1.04/shr
Thursday, 9 Feb 2017 07:00am EST 

Viacom Inc : Viacom Inc - company presents new strategic plan, including focus on six priority flagship brands . Viacom Inc qtrly media networks revenues increased 1 pct to $2.59 billion. . Viacom Inc - revenues in first fiscal quarter were $3.32 billion, an increase of 5 pct, or $170 million, compared to previous year . Viacom Inc qtrly advertising revenues declined 2 pct to $1.29 billion . Viacom inc - 3 pct decrease in domestic advertising revenues in quarter . Viacom Inc - Viacom will be focused on six flagship brands- Bet, Comedy Central, MTV, Nickelodeon, Nick Jr. and Paramount . Viacom - Paramount's film slate to now include co-branded releases from each of flagships, with Paramount branded films focused on franchises, tentpoles . Viacom Inc - announcing a commitment between Nickelodeon and Paramount to move forward on a slate of four films . Viacom Inc qtrly EPS $1.00; qtrly adjusted EPS $1.04 . Q1 earnings per share view $0.84, revenue view $3.18 billion -- Thomson Reuters I/B/E/S . Viacom Inc qtrly filmed entertainment revenues grew 24 pct to $758 million . Viacom Inc - spike will be rebranded in early 2018 as Paramount Network, and will serve as Viacom's premier general entertainment brand .Viacom Inc - plans to invest in new content experiences, and will establish short-form content unit.  Full Article

Viacom declares quarterly cash dividend
Monday, 6 Feb 2017 06:35pm EST 

Viacom Inc :Board of directors has declared a quarterly cash dividend of $0.20 per share on both its Class A and Class B common stock.  Full Article

S&P says Viacom financial risk profile assessment revised to significant 'BBB-' rating
Monday, 23 Jan 2017 04:55pm EST 

:S&P says Viacom Inc financial risk profile assessment revised to significant; 'BBB-' rating and negative outlook unchanged.  Full Article

Paramount Pictures, Shanghai Film Group, Huahua Media sign strategic agreement
Thursday, 19 Jan 2017 03:50pm EST 

Paramount Pictures: Paramount pictures, Shanghai Film Group & Huahua Media sign strategic agreement .Shanghai Film Group,Huahua Media will also co-finance Paramount’s full slate of films over next 3 years as part of the agreement.  Full Article

Redbox, Paramount announce new distribution agreement
Wednesday, 18 Jan 2017 08:06pm EST 

Redbox: Redbox, Paramount announce new distribution agreement .Redbox - new distribution agreement for 2017 with Paramount Home Media Distribution.  Full Article

Redbox, Paramount announce new distribution agreement
Wednesday, 18 Jan 2017 03:48pm EST 

Redbox: Redbox, Paramount announce new distribution agreement .Redbox - new distribution agreement for 2017 with Paramount Home Media Distribution.  Full Article

More From Around the Web

BRIEF-Viacom appoints Jim Gianopulos as Chairman and CEO of Paramount Pictures

* Press release - viacom names jim gianopulos chairman and chief executive officer of paramount pictures